Greenforge Inc

Analysis

Greenforge Inc is a registered charity in United States, based in Greensburg, PA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenforge Inc reported income of $110k and spending of $108k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,971 to $110k (+3586%), an average of +3586% a year. The sharpest change came in the year to December 2023, when income rose by 3586%. Over the whole period it spent 108% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Greenforge Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Durango Botanic Gardens ($109k), Friends of Duane Park Inc ($110k) and Torrey Botanical Society Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $455k, net assets of -$414k.